The cities where real estate is most expensive in Tunisia are generally the major cities, especially the capital, Tunis, as well as popular coastal cities such as Sousse and Hammamet.
In Tunis, the most expensive neighborhoods are generally the residential areas in the northern suburbs of the city, such as Les Berges du Lac, Carthage, and La Marsa. The average price of a 100-square-meter apartment in these neighborhoods can reach 600,000 Tunisian dinars or more for exceptional properties.
In Sousse, the most expensive areas are also the seaside residential neighborhoods, such as Port El Kantaoui, Hergla, and Sahloul. The average price of a 100-square-meter apartment in these neighborhoods can reach 350,000 Tunisian dinars.
In other Tunisian cities, such as Sfax and Nabeul, real estate prices are generally lower than in the major coastal cities, but they can still vary depending on location and property quality.
The mortgage interest rate (currently above 10%) remains the main obstacle to buying a home in Tunisia.
The real estate transaction market is in clear decline, all the more so because selling or buying a home most often triggers a tax audit that investors fear.
The price of new housing in Tunisia depends on several factors such as the size and location of the property, as well as amenities and finishes. In general, prices can vary considerably by city or region.
The average prices per square meter of new housing in Tunisia are as follows:
- - Tunis: between 2,500 and 6,500 TND/m²
- - Sousse: between 1,500 and 3,500 TND/m²
- - Sfax: between 1,200 and 2,500 TND/m²
- - Nabeul: between 1,500 and 3,500 TND/m²
These prices are indicative and may vary depending on the specifics of each property.